Investment Casting Market Size to Grow by USD 4.49 Bn, Majority of Market Growth to Originate from APAC - Technavio

NEW YORK, Oct. 19, 2022 /PRNewswire/ -- The investment casting market has been segmented by application (automotive, industrial, aerospace and defense, and others) and geography (North America, APAC, Europe, Middle East and Africa, and South America). APAC will account for 35% of the market's growth during the forecast period. This growth is attributed to factors such as the presence of a strong production base for vehicles. Moreover, market growth in this region will be faster than the growth of the market in North America and South America. India is the key country for the investment casting market in APAC.

The investment casting market size is expected to grow by USD 4.49 billion from 2021 to 2026. In addition, the growth momentum of the market will accelerate at a CAGR of 5.01% during the forecast period, according to Technavio.

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Investment Casting Market: Segmentation Analysis

By application, the automotive segment will be the largest contributor to market growth during the forecast period. The automotive industry provides significant growth opportunities. Investment casting procedures are used to produce automotive components that are lightweight, easily maneuverable, and affordable. Iron, steel, and aluminum are the most commonly used metals for investment casting procedures. Such factors will fuel the market growth during the forecast period.

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Investment Casting Market: Drivers and Trends

The growth of the automotive industry is driving the investment casting market growth. Components that are made of plastic or polymers are generally used to make vehicles more environment-friendly. The use of plastic or polymers lowers hazardous emissions and raises the fuel efficiency of vehicles. However, some automotive components, such as chassis, engines, gearbox, exhaust system, and other metal components, are manufactured using the steel investment casting process to improve vehicle strength and durability. These components are essential in the automotive industry. Thus, the rising production of automotive vehicles across the world will increase the demand for investment castings during the forecast period.

An increase in air passenger traffic is a key trend in the market. The global investment casting market is expected to grow, with the rise in the production of commercial aircraft due to an increase in air passenger traffic. Moreover, the increase in per capita income and GDP has raised the demand for new commercial aircraft, which is directly related to the growth of air passenger traffic. Major stakeholders in the aerospace sector are establishing new plants to meet the need for aircraft owing to the increase in the demand for satellites and commercial and private aircraft. For instance, in October 2021, Saab AB inaugurated its new aerospace facility in West Lafayette, Indiana, US. Such expansions are expected to support the growth of the market during the forecast period.

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Table of Contents

1 Executive Summary

• 1.1 Market overview 
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
• Exhibit 06: Executive Summary – Chart on Incremental Growth
• Exhibit 07: Executive Summary – Data Table on Incremental Growth
• Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem 
• Exhibit 09: Parent market
• Exhibit 10: Market Characteristics

3 Market Sizing

• 3.1 Market definition 
• Exhibit 11: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 12: Market segments

• 3.3 Market size 2021

• 3.4 Market outlook: Forecast for 2021-2026 
• Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
• Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
• Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
• Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

• 4.1 Five forces summary 
• Exhibit 17: Five forces analysis - Comparison between 2021 and 2026

• 4.2 Bargaining power of buyers 
• Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026

• 4.3 Bargaining power of suppliers 
• Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026

• 4.4 Threat of new entrants 
• Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026

• 4.5 Threat of substitutes 
• Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026

• 4.6 Threat of rivalry 
• Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026

• 4.7 Market condition 
• Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by Application

• 5.1 Market segments 
• Exhibit 24: Chart on Application - Market share 2021-2026 (%)
• Exhibit 25: Data Table on Application - Market share 2021-2026 (%)

• 5.2 Comparison by Application 
• Exhibit 26: Chart on Comparison by Application
• Exhibit 27: Data Table on Comparison by Application

• 5.3 Automotive - Market size and forecast 2021-2026
• Exhibit 28: Chart on Automotive - Market size and forecast 2021-2026 ($ million)
• Exhibit 29: Data Table on Automotive - Market size and forecast 2021-2026 ($ million)
• Exhibit 30: Chart on Automotive - Year-over-year growth 2021-2026 (%)
• Exhibit 31: Data Table on Automotive - Year-over-year growth 2021-2026 (%)

• 5.4 Industrial - Market size and forecast 2021-2026
• Exhibit 32: Chart on Industrial - Market size and forecast 2021-2026 ($ million)
• Exhibit 33: Data Table on Industrial - Market size and forecast 2021-2026 ($ million)
• Exhibit 34: Chart on Industrial - Year-over-year growth 2021-2026 (%)
• Exhibit 35: Data Table on Industrial - Year-over-year growth 2021-2026 (%)

• 5.5 Aerospace and defense - Market size and forecast 2021-2026 
• Exhibit 36: Chart on Aerospace and defense - Market size and forecast 2021-2026 ($ million)
• Exhibit 37: Data Table on Aerospace and defense - Market size and forecast 2021-2026 ($ million)
• Exhibit 38: Chart on Aerospace and defense - Year-over-year growth 2021-2026 (%)
• Exhibit 39: Data Table on Aerospace and defense - Year-over-year growth 2021-2026 (%)

• 5.6 Others - Market size and forecast 2021-2026
• Exhibit 40: Chart on Others - Market size and forecast 2021-2026 ($ million)
• Exhibit 41: Data Table on Others - Market size and forecast 2021-2026 ($ million)
• Exhibit 42: Chart on Others - Year-over-year growth 2021-2026 (%)
• Exhibit 43: Data Table on Others - Year-over-year growth 2021-2026 (%)

• 5.7 Market opportunity by Application 
• Exhibit 44: Market opportunity by Application ($ million)

6 Customer Landscape

• 6.1 Customer landscape overview 
• Exhibit 45: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

• 7.1 Geographic segmentation 
• Exhibit 46: Chart on Market share by geography 2021-2026 (%)
• Exhibit 47: Data Table on Market share by geography 2021-2026 (%)

• 7.2 Geographic comparison 
• Exhibit 48: Chart on Geographic comparison
• Exhibit 49: Data Table on Geographic comparison

• 7.3 North America - Market size and forecast 2021-2026
• Exhibit 50: Chart on North America - Market size and forecast 2021-2026 ($ million)
• Exhibit 51: Data Table on North America - Market size and forecast 2021-2026 ($ million)
• Exhibit 52: Chart on North America - Year-over-year growth 2021-2026 (%)
• Exhibit 53: Data Table on North America - Year-over-year growth 2021-2026 (%)

• 7.4 APAC - Market size and forecast 2021-2026
• Exhibit 54: Chart on APAC - Market size and forecast 2021-2026 ($ million)
• Exhibit 55: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
• Exhibit 56: Chart on APAC - Year-over-year growth 2021-2026 (%)
• Exhibit 57: Data Table on APAC - Year-over-year growth 2021-2026 (%)

• 7.5 Europe - Market size and forecast 2021-2026
• Exhibit 58: Chart on Europe - Market size and forecast 2021-2026 ($ million)
• Exhibit 59: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
• Exhibit 60: Chart on Europe - Year-over-year growth 2021-2026 (%)
• Exhibit 61: Data Table on Europe - Year-over-year growth 2021-2026 (%)

• 7.6 Middle East and Africa - Market size and forecast 2021-2026 
• Exhibit 62: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
• Exhibit 63: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
• Exhibit 64: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
• Exhibit 65: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)

• 7.7 South America - Market size and forecast 2021-2026
• Exhibit 66: Chart on South America - Market size and forecast 2021-2026 ($ million)
• Exhibit 67: Data Table on South America - Market size and forecast 2021-2026 ($ million)
• Exhibit 68: Chart on South America - Year-over-year growth 2021-2026 (%)
• Exhibit 69: Data Table on South America - Year-over-year growth 2021-2026 (%)

• 7.8 US - Market size and forecast 2021-2026
• Exhibit 70: Chart on US - Market size and forecast 2021-2026 ($ million)
• Exhibit 71: Data Table on US - Market size and forecast 2021-2026 ($ million)
• Exhibit 72: Chart on US - Year-over-year growth 2021-2026 (%)
• Exhibit 73: Data Table on US - Year-over-year growth 2021-2026 (%)

• 7.9 India - Market size and forecast 2021-2026
• Exhibit 74: Chart on India - Market size and forecast 2021-2026 ($ million)
• Exhibit 75: Data Table on India - Market size and forecast 2021-2026 ($ million)
• Exhibit 76: Chart on India - Year-over-year growth 2021-2026 (%)
• Exhibit 77: Data Table on India - Year-over-year growth 2021-2026 (%)

• 7.10 Canada - Market size and forecast 2021-2026
• Exhibit 78: Chart on Canada - Market size and forecast 2021-2026 ($ million)
• Exhibit 79: Data Table on Canada - Market size and forecast 2021-2026 ($ million)
• Exhibit 80: Chart on Canada - Year-over-year growth 2021-2026 (%)
• Exhibit 81: Data Table on Canada - Year-over-year growth 2021-2026 (%)

• 7.11 Germany - Market size and forecast 2021-2026
• Exhibit 82: Chart on Germany - Market size and forecast 2021-2026 ($ million)
• Exhibit 83: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
• Exhibit 84: Chart on Germany - Year-over-year growth 2021-2026 (%)
• Exhibit 85: Data Table on Germany - Year-over-year growth 2021-2026 (%)

• 7.12 UK - Market size and forecast 2021-2026
• Exhibit 86: Chart on UK - Market size and forecast 2021-2026 ($ million)
• Exhibit 87: Data Table on UK - Market size and forecast 2021-2026 ($ million)
• Exhibit 88: Chart on UK - Year-over-year growth 2021-2026 (%)
• Exhibit 89: Data Table on UK - Year-over-year growth 2021-2026 (%)

• 7.13 Market opportunity by geography 
• Exhibit 90: Market opportunity by geography ($ million)

8 Drivers, Challenges, and Trends

• 8.1 Market drivers

• 8.2 Market challenges

• 8.3 Impact of drivers and challenges 
• Exhibit 91: Impact of drivers and challenges in 2021 and 2026

• 8.4 Market trends

9 Vendor Landscape

• 9.1 Overview

• 9.2 Vendor landscape 
• Exhibit 92: Overview on Criticality of inputs and Factors of differentiation

• 9.3 Landscape disruption 
• Exhibit 93: Overview on factors of disruption

• 9.4 Industry risks 
• Exhibit 94: Impact of key risks on business

10 Vendor Analysis

• 10.1 Vendors covered 
• Exhibit 95: Vendors covered

• 10.2 Market positioning of vendors 
• Exhibit 96: Matrix on vendor position and classification

• 10.3 Alcoa Corp. 
• Exhibit 97: Alcoa Corp. - Overview
• Exhibit 98: Alcoa Corp. - Business segments
• Exhibit 99: Alcoa Corp. - Key offerings
• Exhibit 100: Alcoa Corp. - Segment focus

• 10.4 Berkshire Hathaway Inc. 
• Exhibit 101: Berkshire Hathaway Inc. - Overview
• Exhibit 102: Berkshire Hathaway Inc. - Business segments
• Exhibit 103: Berkshire Hathaway Inc. - Key offerings
• Exhibit 104: Berkshire Hathaway Inc. - Segment focus

• 10.5 Dongying Giayoung Precision Metal Co. Ltd.
• Exhibit 105: Dongying Giayoung Precision Metal Co. Ltd. - Overview
• Exhibit 106: Dongying Giayoung Precision Metal Co. Ltd. - Product / Service
• Exhibit 107: Dongying Giayoung Precision Metal Co. Ltd. - Key offerings

• 10.6 Form Technologies 
• Exhibit 108: Form Technologies - Overview
• Exhibit 109: Form Technologies - Product / Service
• Exhibit 110: Form Technologies - Key offerings

• 10.7 Georg Fischer Ltd. 
• Exhibit 111: Georg Fischer Ltd. - Overview
• Exhibit 112: Georg Fischer Ltd. - Business segments
• Exhibit 113: Georg Fischer Ltd. - Key offerings
• Exhibit 114: Georg Fischer Ltd. - Segment focus

• 10.8 Impro Precision Industries Ltd. 
• Exhibit 115: Impro Precision Industries Ltd. - Overview
• Exhibit 116: Impro Precision Industries Ltd. - Business segments
• Exhibit 117: Impro Precision Industries Ltd. - Key offerings
• Exhibit 118: Impro Precision Industries Ltd. - Segment focus

• 10.9 MetalTek International 
• Exhibit 119: MetalTek International - Overview
• Exhibit 120: MetalTek International - Product / Service
• Exhibit 121: MetalTek International - Key offerings

• 10.10 Milwaukee Precision Casting Inc. 
• Exhibit 122: Milwaukee Precision Casting Inc. - Overview
• Exhibit 123: Milwaukee Precision Casting Inc. - Product / Service
• Exhibit 124: Milwaukee Precision Casting Inc. - Key offerings

• 10.11 Taizhou Xinyu Precision Manufacture Co. Ltd.
• Exhibit 125: Taizhou Xinyu Precision Manufacture Co. Ltd. - Overview
• Exhibit 126: Taizhou Xinyu Precision Manufacture Co. Ltd. - Product / Service
• Exhibit 127: Taizhou Xinyu Precision Manufacture Co. Ltd. - Key offerings

• 10.12 ZOLLERN GmbH and Co. KG 
• Exhibit 128: ZOLLERN GmbH and Co. KG - Overview
• Exhibit 129: ZOLLERN GmbH and Co. KG - Product / Service
• Exhibit 130: ZOLLERN GmbH and Co. KG - Key offerings

11 Appendix

• 11.1 Scope of the report

• 11.2 Inclusions and exclusions checklist 
• Exhibit 131: Inclusions checklist
• Exhibit 132: Exclusions checklist

• 11.3 Currency conversion rates for US$ 
• Exhibit 133: Currency conversion rates for US$

• 11.4 Research methodology 
• Exhibit 134: Research methodology
• Exhibit 135: Validation techniques employed for market sizing
• Exhibit 136: Information sources

• 11.5 List of abbreviations 
• Exhibit 137: List of abbreviations

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